Aug. 27 at 2:13 PM
$META $METU $SPY $NVDA $AMZN
The social networking giant projected it could spend
$10 billion annually on Anthropics tools, illustrating the friend-foe relationships underlying the A.l. race.
ŞMETA internally projected it could spend up to
$10 billion annually on Anthropic's Al models while developing competing Al products, according to people familiar with the companies.
The Details:
• Current spending: Meta cut some Anthropic spending this summer but continues spending hundreds of millions of dollars monthly on its tools.
• Product testing: Meta used Anthropic models to power and test Hatch, a planned personal Al-agent product.
• Internal shift: Meta employees increasingly use the company's Muse Code tool instead of Anthropic tools.
• Model development: Meta is developing
Watermelon, an Al model intended to match Anthropic's frontier models; its release was delayed until at least October.
